Nov 12 Passing the Buck: China, Dollars and Debt Editor's Note: A bit more about the interplay between Chinese currency and U.S. debt. First, a simple graphical explainer as to how the Chinese government gets so many dollars in the first place, using Ford Motor Company and… Continue reading
Nov 12 Truth and Consequences: Or What Happens When The Election Ends Former Wyoming Sen. Alan Simpson, a Republican, and former Clinton White House chief of staff Erskine Bowles, a Democrat, have been to this rodeo before. That's why they waited one week and one day to drop their post-election bombshell. By… Continue reading
Nov 12 Pelosi Will Take Wait-and-See Approach to Debt Commission's Proposals Speaker of the House Nancy Pelosi. File photo; Getty Images. What a difference a day makes. On Wednesday, outgoing House Speaker Nancy Pelosi called the draft proposal released by the co-chairs of the president's National Commission on… Continue reading
Nov 12 G20 Leaves Work to Be Done; Iraq's Government Agreement Faces Obstacles Representatives of the world's largest economies who gathered in Seoul faced a series of tough issues, many of which could not be resolved in the span of the two-day summit. Most pressing are trade and currency imbalances and the… Continue reading
Nov 12 Watch G-20 Leaders Leave With Few Specifics on Trade, Currency The Group of 20 summit in South Korea concluded with some broad goals but many lingering questions over currency disagreements and trade imbalances. Judy Woodruff gets more on what happened -- and what didn't happen -- with Eswar Prasad of… Continue watching
Nov 11 Watch Deficit Plan Revives Debate on Spending Priorities Jeffrey Brown gets three perspectives on the bipartisan fiscal commission's recommendations to cut spending and change tax policy to combat the federal deficit. Continue watching
Nov 11 Watch U.S., China Go Head-to-Head Over Currency Values President Obama met with Chinese President Hu Jintao in Seoul to discuss ongoing concerns over China devaluing its currency, thereby giving its products a competitive advantage in the market. Paul Solman looks into the dispute. Continue watching
Nov 11 Watch U.S., South Korea Fall Short on Trade Deal Negotiators were unable to cement a free trade deal between the two countries, but President Obama and South Korean president Lee Myung-bak expressed hope that an agreement would be reached soon. President Obama marked Veterans Day with troops at Yongsan… Continue watching
Nov 11 On Thursday's NewsHour ... Iraq's New Government, U.S.-China Currency Disputes, Delaware's Chris Coons IRAQ'S NEW GOVERNMENT| Iraq voted on a new government after an eight-month deadlock. The coalition will be a power-sharing arrangement among Kurds, Sunnis and Shi'ites. But the three-way coalition will face an array of old challenges. Margaret Warner talks to… Continue reading
Nov 11 Fiscal Commission Report Ignites New Debate Over Tackling Debt So now maybe we'll find out who's serious about attacking the federal debt. With the proposal released Wednesday by the heads of the bipartisan commission appointed by President Obama to look at ways to tackle the nation's looming… Continue reading